TY  - JOUR
AB  - Historically, risk management was understood as a pure risk reporting function that included the monitoring of restrictions and portfolio management activities. More detailed analysis of customer portfolios was not necessary, and never requested. Resources were allocated to gain more capital, so it was client relationship management that drove the business. In this context, risk management has been mainly regarded as a “necessary” cost factor.
VL  - 5
IS  - 3
SN  - 1526-5943
DO  - 10.1108/eb022988
UR  - https://doi.org/10.1108/eb022988
AU  - LEIFERT KAI D.
PY  - 2004
Y1  - 2004/01/01
TI  - Assessing the regulatory impact: the challenges of UCITS III — Germany's regulators become the first to launch derivatives ordinance
T2  - The Journal of Risk Finance
PB  - Emerald Group Publishing Limited
SP  - 7
EP  - 9
Y2  - 2024/05/11
ER  -